A11039 • 2025

Allows the alteration or repeal of real property tax exemptions for private institutions of higher education

Education Taxes

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: Grace Lee
Last action: 2026-04-23
Official status: In Assembly Committee
Effective date: Not listed

Plain English Breakdown

The official source does not specify whether the bill requires laws creating these changes to be general laws, so this claim was removed.

Changing Real Property Tax Exemptions for Private Colleges

This bill proposes changing the New York State Constitution to allow alterations or repeals of real property tax exemptions for private institutions of higher education.

What This Bill Does

Proposes an amendment to the New York State Constitution.
Allows changes or removals of real property tax exemptions for private colleges and universities.

Who It Names or Affects

Private institutions of higher education in New York State
The state government, as it involves constitutional changes

Terms To Know

Constitutional amendment: A change to the main rules that govern a country or state.
Real property tax exemptions: Special rules that allow certain properties to be taxed less or not at all.

Limits and Unknowns

The bill is still in committee and has not been voted on yet.
It needs approval from both the Senate and Assembly before it can go to a public vote.

Bill History

2026-04-23 Assembly
REFERRED TO REAL PROPERTY TAXATION

Official Summary Text

Allows the alteration or repeal of real property tax exemptions for private institutions of higher education
Allows the alteration or repeal of real property tax exemptions for private institutions of higher education.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          11039

                                  I N  A S S E M B L Y

                                     April 23, 2026
                                       ___________

        Introduced by M. of A. LEE -- read once and referred to the Committee on
          Real Property Taxation

                    CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY

        proposing  an  amendment to section 1 of article 16 of the constitution,
          in relation to real property tax  exemptions  for  educational  insti-
          tutions

     1    Section  1. Resolved (if the Senate concur), That section 1 of article
     2  16 of the constitution be amended to read as follows:
     3    Section 1. The power of taxation shall never be surrendered, suspended
     4  or contracted away, except as to securities issued for  public  purposes
     5  pursuant  to law. Any laws which delegate the taxing power shall specify
     6  the types of taxes which may be imposed thereunder and provide for their
     7  review.
     8    Exemptions  from  taxation  may  be  granted  only  by  general  laws.
     9  Exemptions  may  be  altered  or repealed except those exempting real or
    10  personal property used exclusively for religious, educational or  chari-
    11  table purposes as defined by law and owned by any corporation or associ-
    12  ation  organized  or  conducted  exclusively  for  one  or  more of such
    13  purposes  and  not  operating  for  profit;  PROVIDED,   HOWEVER,   THAT
    14  EXEMPTIONS  OF  REAL  OR  PERSONAL PROPERTY USED EXCLUSIVELY FOR PRIVATE
    15  INSTITUTIONS OF HIGHER EDUCATION MAY BE ALTERED OR REPEALED.
    16    § 2. Resolved (if the Senate concur), That the foregoing  be  referred
    17  to  the  first  regular  legislative  session  convening  after the next
    18  succeeding general election of members of the assembly, and, in conform-
    19  ity with section 1 of article 19 of the constitution, be published for 3
    20  months previous to the time of such election.




         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD89004-01-5